FSA Long-Term Investing Forum participants in Hong Kong and Singapore say they have a positive or very positive outlook on emerging market debt and equities over the next 24 months.
Category: Fund news
US equity growth funds top in 2017
US growth-oriented funds have outperformed the North America equity sector by a huge margin, while US value-oriented funds have underperformed, according to data from FE Analytics.
Malaysia to develop “more vibrant” ETF market
Malaysian regulators have noted the benefits of ETFs and given recommendations aimed at incentivising new issuance, according to a statement from the regulator.
Majority of EM funds underperform
More than half of emerging market equity funds available for sale in Hong Kong and Singapore underperform the MSCI Emerging Markets Index, FE data shows.
Will onshore bond funds challenge dim sum?
China’s newly announced Bond Connect may boost the domestic bond market as RQFII-based funds underperform dim sum bond funds in 2017.
The best and the worst funds – April 2017
JP Morgan, Schroders, UBS, Castlestone, Kotak, SLI — these firms had funds among the best and the worst performers over the last three years. FSA runs the data on funds available to Hong Kong and Singapore investors.
Thai investors warm to multi-asset income funds
Siam Commercial Bank is the top fund asset gatherer in Thailand in 2017 thanks to high net inflows into its income-oriented global asset-allocation funds, according to Morningstar.
HK-Swiss scheme to join fund passport club
Yet another fund passporting programme, the Switzerland-Hong Kong Mutual Recognition of Funds scheme, is trying to get traction in Asia.
Foreign fund distributors in China prefer WFOEs to JVs
Wholly-foreign owned enterprises (WFOEs) in China have advantages over joint ventures (JVs) with mainland banks in onshore fund distribution, argue asset managers from Blackrock, Value Partners and ICBC Credit Suisse at the Fund Forum Asia 2017.
China awards RQFII quota to Malaysian firm
CIMB-Principal Asset Management became the first fund manager in Malaysia to be awarded an RQFII quota by China’s State Administration of Foreign Exchange (SAFE), according to the regulator’s records.